Key point: 105.65
Our preferred direction: long positions above the level of $105.65, targeting 124.10, followed by $133.00.
Alternative scenario: stop loss and change direction by breaking the $99.29 level, targeting $85.00 levels.
Comment
The stock is breaching the important resistance level of $105.65, therefore we recommend opening long positions to target the next resistance level of $124.10 followed by $133.00. In the event of a decline below the level of $ 99.29, the previous analysis will be canceled and the first target for the stock becomes $ 85.00.
